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GuruFocus has detected 4 Warning Signs with Freeport-McMoRan Inc $FCX.
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Freeport-McMoRan Inc (NYSE:FCX)
Days Sales Outstanding
20.05 (As of Mar. 2017)

Freeport-McMoRan Inc's account receivable for the three months ended in Mar. 2017 was $734 Mil. Freeport-McMoRan Inc's revenue for the three months ended in Mar. 2017 was $3,341 Mil. Hence, Freeport-McMoRan Inc's days sales outstanding for the three months ended in Mar. 2017 was 20.05.

FCX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.33   Max: 44.75
Current: 17.95

12.33
44.75

During the past 13 years, Freeport-McMoRan Inc's highest Days Sales Outstanding was 44.75. The lowest was 12.33. And the median was 25.32.

FCX's Days Sales Outstanding is ranked higher than
56% of the 600 Companies
in the Global Copper industry.

( Industry Median: 36.83 vs. FCX: 17.95 )

Freeport-McMoRan Inc's days sales outstanding declined from Mar. 2016 (24.81) to Mar. 2017 (20.05).


Definition

Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Freeport-McMoRan Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1215/14830*365
=29.90

Freeport-McMoRan Inc's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=734/3341*365 / 4
=20.05

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Freeport-McMoRan Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 26.4612.3340.3844.7518.7424.1832.5722.6519.9229.90

Freeport-McMoRan Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysSalesOutstanding 29.8252.6552.6551.3220.6824.8121.7920.8325.3320.05
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